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andreev551 [17]
3 years ago
6

Which response to the stock market crash of 1929 helped cause the great depression?

History
2 answers:
olasank [31]3 years ago
7 0
Paople took too much money from banks and could not pay back so great depression
Svetlanka [38]3 years ago
3 0

<u>What helped cause the Great Depression</u>, <em><u>also known as the Crisis of the 29th, was a global economic crisis. </u></em>

<u>In which the banks, began to reject orders of loans that had houses as collateral,</u> <em><u>and with this many had to sell their houses to pay mortgages that could not pay</u></em>.

<u>With the houses falling in price, the "real estate bubble" broke out in a short period of time. </u>

<u />

<em><u>They also fell</u></em>: <u>National income, tax revenues, corporate profits and prices. International trade declined, and unemployment increased</u>.

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